Friday, February 18, 2005

China making great leap forward in tech

"China's growth into a nation that leads in the use of broadband technology, and the changing role of its manufacturing companies from just assemblers to designers, were among the trends analysts discussed at a conference ... Thursday."

"If you're resting on the belief that design will continue to only be done in Europe or the states, you may need to reconsider that." Abelson pointed to cellular handsets as an example. Many of the major manufacturers of handsets are Chinese companies, but in 2002 only 10 percent of handsets made in China were designed in house by the companies that made them. That figure will increase to 40 percent by 2008. "

"Chinese telecommunications companies will increase the installation of broadband technology to spur use of their wired networks. The result will be that by 2008, China will be the leading user of broadband technology in homes." Read more